Which is better? You might think 10. In fact, that’s what most people think. In reality, you are probably better off with one good agent who has your best interests …
Restricted Customer Service Agreement for Commercial Properties
From time to time, an Owner or Landlord doesn’t want to place their property on MLS. They want to deal with one particular person at a particular Brokerage and will …
Powers of Attorney
Basically, there are two kinds of Powers of Attorney: Personal Care, General for Assets. Most people need them both. The first one deals with daily living decisions which affect the …
Imposition of Liability upon Sales Representative and Sellers in Real Estate Transaction
Here’s a quick review of the facts in the Krawchuk and Scherbak case: Facts The sellers knew that: •· the foundation of the house was seriously compromised and •· there …
Inadequate Disclosure: Sellers and Brokerage both Liable to Buyer
The sellers, Scherbaks knew that there were some problems with the foundation. The real estate sales representative, Wendy Weddell knew that too, but failed to pursue the issue on inquiry. …
Krawchuk v. Scherbak (2012)
This case reached the Supreme Court of Canada on 8 December 2012. Leave to appeal was denied. The Court therefore by implication endorsed the ruling of the Ontario Court of …
Hodgkinson v. Simms (1994)
The case of Hodgkinson v. Simms (1994) in the Supreme Court of Canada is the landmark case on this subject of Fiduciary Duties and Obligations in Canada. The facts are …
Execution of the Spousal Consent
Agreements of Purchase and Sale in Ontario contemplate the need for the execution of the Spousal Consent. Most married couples will own their matrimonial home in joint tenancy. In such …
The Evolving Duties and Responsibilities of “Agents”
There are five primary sources of new legal requirements for real estate agents: Statutory laws, Regulatory laws, Changes to the local MLS rules and regulations, Discipline cases published by RECO, …
Disclosure Obligation Backfires for Real Estate Agent
The real estate agent is charged with additional disclosure obligations over that of the seller. In this case, the agent approached the owner of a property inquiring whether he wished …